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Technology Stocks : InfoSpace.com
INSP 82.85-2.7%Nov 5 3:59 PM EST

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To: 10K a day who wrote (3004)7/6/2002 2:51:59 PM
From: Don Green  Read Replies (1) of 3070
 
InfoSpace gets warning from Nasdaq




The Associated Press

BELLEVUE, Wash. (July 6, 2002 1:51 p.m. EDT) - InfoSpace Inc. has received notice that the Nasdaq Stock Market may delist its shares if its stock price doesn't improve.
The company's stock price must trade at or above $1 for at least 10 days straight in the next 90 days or InfoSpace faces delisting, the company disclosed Friday. The stock closed at 51 cents a share Friday.

InfoSpace stock, which trades under the ticker symbol INSP, has not closed above $1 a share since May 20. InfoSpace provides software and applications to wireless and Internet companies.

InfoSpace went public in December 1998 at a split-adjusted $2.50 a share.

The Nasdaq had suspended some requirements, including maintaining a minimum share price, in September following the terrorist attacks. The stock market reinstated its trading requirements in January.

InfoSpace received the warning notice late Wednesday.
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